HUD: Final Rule Issued to Help Children Exposed to Lead Paint Hazards
WASHINGTON – In an effort to respond quickly when young children living in federally housing experience elevated levels of lead in their blood, the U.S. Department of Housing and Urban Development (HUD) today published a new rule lowering the Department’s threshold of lead in the child’s blood to match the more protective guidance of the…
HUD: $33 Million Awarded to End Youth Homelessness
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) is awarding $33 million to build systems intended to end youth homelessness in ten local communities, including four rural areas. HUD’s Youth Homelessness Demonstration Program (YHDP) will support a wide range of housing programs including rapid re-housing, permanent supportive housing, transitional housing, and host…
Federal Reserve: College Fed Challenge Winners Announced
Rutgers University won the 13th annual national College Fed Challenge on Thursday, a competition that encourages students to learn about the U.S. economy, monetary policymaking, and the role of the Federal Reserve System. The team, from New Brunswick, N.J., represented the New York Federal Reserve District and included Karn Dalal, Ali Haider Ismail, Andrew Lee,…
FDIC: Youth Savings Pilot Symposium Announced
The Federal Deposit Insurance Corporation (FDIC) today announced that it will hold a symposium on fostering youth savings on Friday, October 21, 2016. The symposium, “Learning to Save – Saving to Learn,” will bring together representatives from nearly 20 banks participating in the FDIC’s Youth Savings Pilot program, as well as non-profit and school partners….
ABA: Foundation Accepting Entries for Lights, Camera, Save! Video Contest
Local banks sponsor teen competition WASHINGTON — Banks nationwide are now accepting entries as a part of the American Bankers Association Foundation’s annual Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. Through Lights, Camera, Save!, teen participants will create…
CFPB: 4 Strategies to Help Youth Achieve Financial Capability
Today, we released a report, “Building Blocks to Help Youth Achieve Financial Capability,” which describes how young people acquire the “building blocks” of financial capability to help them navigate the financial marketplace as adults. The building blocks are: 1) executive function, 2) financial habits and norms, and 3) financial knowledge and decision-making skills. These building…
CFPB: Youth Financial Education Initiatives Unveiled
Bureau Releases Report on Teaching Financial Fundamentals and Offers a Tool for Educators Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today unveiled new resources for financial educators including Building Blocks to Help Youth Achieve Financial Capability, a report that presents a new financial capability developmental model and makes recommendations for financial education. Based on the developmental…
ABA: 10 Money Mistakes Every College Freshman Should Avoid
WASHINGTON — With the fall semester well underway, the American Bankers Association is highlighting common money mistakes college freshmen should avoid to remain financially fit through graduation. “Freshman year marks the first time many students take control of their everyday finances, so it’s important to establish good habits from the get-go,” said Corey Carlisle, executive…
CFPB: The ABCs of Money Management for Military Kids
Back-to-school season is an opportunity for military parents to teach their children money management lessons. The lessons aren’t hard to teach. Parents can start with a few basic guidelines that are as easy as A, B, C. In just a few short weeks, military families across the country and at installations overseas will begin the…
ABA: Foundation Seeking Hosts for 7th Annual Lights, Camera, Save! Video Contest
Local banks urged to sponsor teen competition WASHINGTON — The American Bankers Association Foundation is urging local banks to participate in its Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. Through Lights, Camera, Save!, teen participants will create a…